Title: A blockchain solution for the mortgage industry Post by: netanelbitan on April 09, 2018, 03:31:13 PM Welcome to Homelend HMD!!!
A MORTGAGE CROWDFUNDING PLATFORM We’re building a blockchain-based, peer-to-peer mortgage lending platform Mortgage Loans Are at the Core of Society Having a home is one of the basic human needs - a need most people are only able to afford by taking out a mortgage loan from the bank. In the U.S. alone, more than 8 million mortgage loans are granted every year. An Archaic $31 Trillion Industry Yearning for Disruption The U.S. mortgage market is valued at $14 trillion, and the global market is expected to reach $31 trillion by the end of 2018. Yet, despite how central this market is both socially and economically, the traditional mortgage lending system remains incredibly primitive. The system relies on lengthy and complex paper-based processes involving various intermediaries—processes that are laden with inefficiencies and overhead costs for both borrowers and lenders. Moreover, mortgage loans are largely unattainable for the new generation of young borrowers, excluding millions of creditworthy individuals from obtaining home loans due to outdated assessment criteria. Homelend Mortgage Crowdfunding Platform We Are Developing a Decentralized, Peer-To-Peer Mortgage Lending Platform Serving Two Purposes 1. Modernizing the age-old mortgage lending system in order to make it efficient, cost-effective and customercentric. 2. Expanding home ownership opportunities for a new generation of borrowers, meeting their distinct lifestyle and needs. How does it work? By leveraging distributed ledger technology (DLT) and smart contracts, Homelend brings together individual borrowers and lenders on an end-to-end platform that streamlines and automates the entire mortgage origination process. The Homelend Token (HMD) The HMD token is the fuel powering the Homelend peer-to-peer lending platform. It's main functionality is to grant access to the Homelend platform. This utility token also plays an instrumental role in enabling a fast, smooth and user-friendly workflow that is unified and secure. All tokens can be converted to and from HMD. Timetable Pre-Sale.......................March 1, 2018 Crowdsale.................June 1, 2018 Closure........................July 30, 2018 Specifications Symbol.............................HMD Total Supply................250,000,000 Standard........................ERC-20 Face Value....................1 ETH= 1,600 HMD Accepted Currencies...BTC, ETH, USD Softcap.............................US$ 5,000,000 Hardcap...........................US$ 30,000,00 Bonuses (ETH/HMD) First day 30% Week 1................................20% Week 2...............................15% Week 3................................10% Week 4 and After.......0% Website: https://homelend.io/ Whitepaper: https://homelend.io/files/Whitepaper.pdf Telegram channel: https://t.me/HomelendPlatform Facebook page: https://www.facebook.com/HMDHomelend/ Twitter: https://twitter.com/HomelendHMD Title: Re: A blockchain solution for the mortgage industry Post by: netanelbitan on April 09, 2018, 03:51:52 PM Feel free to ask any questions!
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